
Cheap Homes for Rent in Santa Rosa, NM from $1,500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Santa Rosa.


663 Bishops Lodge Rd

142 Duran St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

83 B E Cummings

601 W San Mateo Rd

43 Rainbow Rd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1610 Jay St
Santa Rosa, NM Local Guide

How much does it cost to rent a home in Santa Rosa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Santa Rosa 2 Bedroom Homes for Rent | $2,854 | $1,500 | $4,250 |
| Santa Rosa 3 Bedroom Homes for Rent | $3,504 | $1,950 | $5,800 |
| Santa Rosa 4 Bedroom Homes for Rent | $2,247 | $1,795 | $2,700 |
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Santa Rosa, NM Local Guide
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Cheapest Available Santa Rosa Apartments for Rent and Nearby
 The cheapest available apartment rental in Santa Rosa, NM is a 2 Beds unit found at 1021 N Mlk Blvd priced from $525. LoLomas Apartments 55+ has the second lowest priced unit, which is a 2 Beds apartment currently listed from $728. Here is today’s list of the most affordable Santa Rosa apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1021 N Mlk Blvd | Martin Luther | 2BR,1BA | $525 |
| LoLomas Apartments 55+ | 2 BR | 2BR,1BA | $728 |
| Palazzo Apartments | KaloSolo | 1BR,1BA | $850 |
Best Value Apartments for Rent in Santa Rosa, NM and Nearby
As of January 11, 2026 the best value apartment in the Santa Rosa area is the $1.18 price per square foot 3 Bedroom 2 Bathroom Model at The Ridge in the in the South Los Altos neighborhood starting from $1,330. The second greatest value Santa Rosa apartment is the 133 Townsgate Model at Townsgate Apartments starting at $950 with a $1.06 price per square foot . Here is today’s list of the best values for Santa Rosa apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Ridge | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.18 |
| Townsgate Apartments | 133 Townsgate | 2BR,1BA | $1.06 |
| 300-304 Townsgate Plz | 304 Townsgate | 2BR,1BA | $1.06 |
| 1021 N Mlk Blvd | Martin Luther | 2BR,1BA | $0.66 |
| The June | Mercer | 1BR,1BA | $1.51 |
| The Reserve | Cheyenne | 1BR,1BA | $1.55 |
| LoLomas Apartments 55+ | 1 BR | 1BR,1BA | $1.15 |
| Palazzo Apartments | KaloSolo-Premium | 1BR,1BA | $1.36 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1.70 |
| MOUNTAIN VISTA | One Bedroom | 1BR,1BA | $1.72 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Santa Rosa, NM
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Santa Rosa
What type of rentals are currently available in Santa Rosa?
There are currently 49 Apartments for Rent in Santa Rosa, NM with pricing that ranges from $450 to $2,928. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Santa Rosa ranging from $1,500 to $5,800.
What is the current price range for Rental Homes in Santa Rosa?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Santa Rosa ranges from $1,500 to $5,800 with an average monthly rent of $2,676.
How much are larger Three and Four Bedroom Rentals in Santa Rosa?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Santa Rosa range from $1,180 to $2,928, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $5,800. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $2,085.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!